My dear subscribers, I analysed this chart on GOLD, and concluded the following: The market is trading on 1942.34 pivot level. Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1930.15 My Stop Loss - 1949.17
About Used Indicators: The average true range ATR plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility. ——————————— WISH YOU ALL LUCK
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